AptarGroup Inc (ATR)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 374,541 | 284,487 | 239,288 | 244,097 | 214,040 |
Total stockholders’ equity | US$ in thousands | 2,471,890 | 2,306,820 | 2,053,940 | 1,969,410 | 1,850,390 |
ROE | 15.15% | 12.33% | 11.65% | 12.39% | 11.57% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $374,541K ÷ $2,471,890K
= 15.15%
AptarGroup Inc has shown a relatively stable trend in its Return on Equity (ROE) over the past five years. The company's ROE increased from 11.57% in 2020 to 15.15% in 2024, indicating a positive upward trajectory.
The consistent improvement in ROE signifies that AptarGroup Inc has been effectively utilizing its shareholders' equity to generate profit. This increasing trend suggests that the company is becoming more efficient in leveraging its equity to generate returns for its shareholders.
Overall, AptarGroup Inc's ROE performance reflects positively on the company's ability to generate value for its shareholders and indicates a healthy financial position in terms of profitability and efficiency in capital utilization.
Peer comparison
Dec 31, 2024